Virtual banking is taking over the world rapidly. There were 1.9 million individuals around the globe who used virtual banking in 2020. And that number is probably even bigger right now. This latest technology is convenient, available at all times, and aims to make banking easier for younger generations. But of course, there are also some major cybersecurity challenges virtual banks face every single day.

Thunes, a Singapore-based global payments company, today announced its affiliation with two global ESG initiatives: the United Nations Global Compact and Ecovadis. Earlier this year, Thunes successfully passed sustainability assessments and submitted respective reports to both institutions. As a result, Thunes was awarded the Ecovadis silver medal for 2022, placing the company in the top 25% of performers for business sustainability.

Leading Banking-as-a-Service provider Contis, part of the Solaris group has teamed up with NagaPay – Crypto Debit Card to launch a new crypto programme in the European Economic Area, enabling consumers to spend both fiat and cryptocurrency at the point of sale.  

BNY Mellon has announced that Bana Akkad-Azhari has been promoted to Head of Treasury Services Europe, Middle East and Africa (EMEA), with immediate effect.

In her new role, Akkad-Azhari is responsible for fostering strategic growth in the region across payments, liquidity and trade finance. Leveraging new product developments and industry initiatives she will help meet growing client demand for faster payments and robust supply chain financing.

Ebury, the global financial services firm and one of the largest fintechs in Europe, is delighted to announce that its Mass Payments division has been named the best International Payments Provider for a second successive year at the industry trade body’s annual Global Payroll Awards.

iFX EXPO, excellently run by Ultimate Fintech, is gaining more and more popularity attracting retail & institutional brokers, technology & liquidity providers, payment service providers, banks, affiliates & IBs, regulators & compliance, as well as crypto and blockchain brands. Since 2012, it has been the largest financial B2B exhibition and a hot spot in financial hubs across Europe, Asia, and the Middle East. 

Fintech Surge 2022, the MENA region’s leading finance and innovation conference, is set to return to the Dubai World Trade Centre from 10^th- 13^th October 2022.

Many businesses that would benefit from the blockchain have been avoiding it. Its carbon footprint, expense, and links to volatile cryptocurrencies contributed to blockchain harbouring a toxic reputation that it couldn’t shake, and businesses wouldn’t touch.

Consumer data provider Equifax Canada has been confirmed as the headline partner of Open Banking Expo Canada for a fourth consecutive year.

Open Banking Expo Canada is the annual flagship event hosted by Open Banking Expo, the leading global community of Open Banking and Open Finance executives responsible for digital transformation across financial services and beyond.

Installment loans are a type of loan that allows you to borrow against the value of your home. The two most common types of installment loans are cash-out refinance and home equity loans. So, which one is better? The answer depends on your financial situation and goals. Cash-out refinance loans offer lower interest rates and monthly payments than home equity loans, but they require you to have good credit and a steady income.